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Innovation

Competitive Edges

Competitiveness can be about any attribute of the product that differentiates it in the marketplace . This means a product’s uniqueness, packaging technology, communication, or the fact that it fullfils a new consumer benefit. It could be the result of a unique business competence ....

Examples :

  1. Products Formulation : Nutella from Ferrero
  2. Packaging Convenience : Marie trays
  3. Price :
    1. Efficient organization : Procter
    2. Efficient production units : Mars
  4. Distribution via Internet : Nespresso
  5. Commercial :
  6. Dedicated sales: St Hubert
  7. Merchandising : Ducros
  8. Category Management : Brand/Own label
  9. Communication : Equitable Trade: Max Havelaar

And what are the advantages that YOU want to develop?

Thorough understanding of the consumer with respect to quality/cost ratio is required meanwhile. Here are some leads towards a new approach to Innovation....



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